Examkits is a JAMB CBT practice platform that provides over 20 years of past questions, Post UTME questions, and detailed video solutions to help students prepare for their exams.

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You can practice JAMB past questions online, on Android, or on a desktop using the Examkits app. Just register on our website and choose your preferred device.

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Do you offer video solutions for JAMB questions?

Yes, Examkits provides detailed video explanations for all JAMB past questions from 2000 to 2024, helping students understand how to solve each problem.

Examkits offers free practice for some subjects. However, full access requires a one-time affordable activation fee for each version of the app.

ECONOMICS

JAMB 2001 - Question 49

Economics 2001 JAMB Past Questions - Question 49: The major reason why nations engage in international trade is that

Choose the correct answers from the options given.

The major reason why nations engage in international trade is that

A: it allows free movement of factors of production

B: it makes possible the use of capital-intensive method of production

C: nations are substantially different in their endowments of economic resources

D: it affords the trading nations the opportunity to earn high profit

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ECONOMICS

Economics 2001 JAMB Past Questions - Question 49: The major reason why nations engage in international trade is that

Examkit's JAMB CBT App

Correct Answer

Explanation